CNS Canada — Canada’s ag industry was surprised to see some tighter-than-anticipated supply estimates in Statistics Canada’s latest report on stocks of grain and oilseeds Wednesday morning. StatsCan said Canadian wheat supplies, as of March 31, totaled 16.74 million tonnes — about a million lower than expected, said Mike Jubinville of ProFarmer Canada. “On the […] Read more
Wheat, canola stocks surprisingly tight in StatsCan report
Canola down, wheat up in StatsCan’s first acreage estimates
CNS Canada –– Canadian farmers intend to seed a bit more wheat and a bit less canola this spring compared to a year ago, according to the first survey estimates from Statistics Canada. However, adjustments are likely in subsequent reports, while weather over the growing season will become more important in determining actual production. “There’s […] Read more
Canada’s large canola stocks top expectations
CNS Canada — Releasing its Canadian year-end stocks estimates, Statistics Canada painted a picture Tuesday that’s mostly bearish for canola. StatsCan’s figure for canola stocks as of Dec. 31, at 11.103 million tonnes, was at the high end of expectations, surpassing what some market watchers anticipated. “I’m not sure if that means that StatsCan’s production number […] Read more
Larger Canadian wheat, canola crops beat expectations
CNS Canada — Canada’s 2014-15 wheat and canola crops both ended up considerably larger than early guesses, according to updated production estimates released Thursday by Statistics Canada. Production, however, was still well below the record levels seen the previous year. After the canola crop was pegged at 14.08 million tonnes in StatsCan’s October report, average […] Read more
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